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fung_derf

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Re: temp luvs amy post# 468

Monday, 05/05/2014 3:16:56 PM

Monday, May 05, 2014 3:16:56 PM

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Any reason to hang on?

NTT Docomo plans to sell its entire stake in an Indian telecom joint venture, adding its name to the roster of cautionary tales for blue-chip firms seeking entry into India's fast-growing but challenging market. Following five years of losses plagued by telecom license cancellations in a corruption probe and repeated delays in rolling out high-speed networks, Japan's biggest mobile carrier said it plans to sell its 26.5% stake in Tata Teleservices by June. Shares of Docomo rose 5.2% to $16.05.

"Good night, Westley. Good work. Sleep well. I'll most likely kill you in the morning."

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